The year-end adjusted trial balance of the Timmons Tool and Die Corporation included the following account balances retained earnings. $260,000, sales revenue, $870,000, cost of goods sold. $570,000 salaries expense. $150,000, rent expense, $48.000, and interest expense, $23,000 Prepare the necessary closing entries (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 3.25 points The accounting records of Hampton Company provided the data below (5 in 000s). (8 00:00: Net income Depreciation expense Increase in accounts receivable Decrease in inventory Decrease in prepaid insurance Decrease in salaries payable Increase in interest payable $29, 300 9,000 5,200 6,700 1,800 3,900 1,200 Required: Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicate with a minus sign. Enter your answers in thousands)